This segment grew in geometric proportions over the years, providing impetus to our services activity as well. From few port-to-port sectors, OSL business expanded to cover the max of Asian, European, Middle Eastern, African and Far Eastern regions.

Taking the market into consideration we identified the need of assistance that could re-engineer shipping activities to support the local needs of each region and maintain the global accords of shipping as well. This made it imperative for OSL to open several of their own offices in PAKISTAN, as well as overseas.
OSL has rich experience in liner agencies, it runs its own NVOCC services and also acts as an agent as various locations in Asia just for its own services

Also this When it comes to quality and range of containers, OSL always delivers. Choose from a vast collection of containers in multiple sizes and types for all your cargo requirements.
OSL owning large fleets of 20 & 40 Dry, High Cubes (Hcs), Refrigerated containers, Heavy lifters
& OOG.
We facilitate the carriage of most types of containerized cargo, our fleet is regularly maintained to a very high standard on upkeeping, assuring that your goods are carried with proper segregation & utmost care.

OUR EXECUTION

With our strong & innovative performance in shipping industry we are taking care of the shipping part of your business, So we make you free to focus on growing your commercial & logistics business more.

OSL – PRIDE

We take much pride in fostering an inspiring platform with an agile & high-performance work culture, being OSL we recognized by our deep commitments and valuing the diversity across our teams in an omnipresent manner.

WE ARE TRENDSETTER

The highly proactive business management of OSL always have been trailblazer & trendsetter & So is the entire OSLIAN team, to pursue the goals sets by the leaders and to be superbly trained and motivational to next coming team of OSL.

OUR SPIEL

The OSL story commenced in August 2013 and the roots originating in Pakistan since then, in running industry OSL has seen enormous growth universally in a very short span of time with a start-up objectives and key values of honesty and smart-work.

The post KNOW US ! EXPLORE OSL ! appeared first on Starliners.

As informed, manufacturing activities in mainland China are gradually picking up, and more port workers and truck drivers are returning to their posts.

The news comes amid declining numbers of new cases of coronavirus infections in China.

As such, the World Health Organization (WHO) has proposed careful monitoring of the phased lifting of the current restrictions on movement and public gatherings. The lifting of quarantine measures is beginning with the return of workers and migrant labor, followed by the eventual reopening of schools and lifting other measures.

“The CMA CGM Group strives to better support our customers as their business activities recover without compromising the health and well-being of our staff and partners in China.

“Starting from March 2nd, 2020, alternate teams of employees will be deployed at our offices at different work schedules. Employees working from home during designated hours will continue to provide services on a remote basis, the company said.

“CMA CGM Group remains fully committed to complying with any regulatory requirements and policies aimed at curbing the spread of the COVID-19.”

All of the Chinese ports, apart from Wuhan, have remained open during the outbreak. However, they have been operating at a reduced capacity amid staff shortages arising from travel restrictions and quarantine measures.

Among the main quarantine measures were factory closures, which resulted in a decrease of containerized exports out of China. As a result, carriers resorted to blanking of sailings to deal with the lower demand.

The outbreak resulted in reefer shipments being diverted and relocated amid a shortage of reefer plugs on shore at certain Chinese ports, primarily Shanghai, Tianjin, and Ningbo terminals.

According to the latest update from WHO, globally there have been 88,948 confirmed COVID-19 infections, with 80, 174 confirmed cases in China. Outside China, 8,774 cases were confirmed, spreading across 64 countries around the world.

In particular, there have been sudden increases of cases in Italy, the Islamic Republic of Iran and the Republic of Korea, which WHO described as ‘deeply concerning’.

To date, 1501 COVID-19 cases, including 66 deaths, have been reported in Iran.

There are now cases linked to Iran in Bahrain, Iraq, Kuwait and Oman, along with cases linked to Italy in Algeria, Austria, Croatia, Germany, Spain, and Switzerland.

In view of such developments, WHO upgraded the global risk of the coronavirus outbreak to “very high” – its top level of risk assessment.

The WHO has said there is still a chance of containing the virus if its chain of transmission is broken.

The UN has released USD 15 million from the Central Emergency Response Fund (CERF) to help fund global efforts to contain the COVID-19 virus. The grant is aimed at providing help to the countries with fragile health systems to boost their detection and response operations.

The WHO has called for USD 675 million to fund the fight against coronavirus.

The post CMA CGM: Cargo Flow Easing Up at China’s Major Coastal Ports appeared first on Starliners.

Copenhagen-based Sea Intelligence said in its weekly analytical report that a global volume loss due to COVID-19 impact has reached 1.9 million TEU amid blanking of sailings by global carriers.

Carriers are blanking sailings as a way of dealing with the cargo volume slump caused by the coronavirus outbreak originating from China and the closure of manufacturing plants in the country as a precautionary measure aimed at curbing the outbreak.

At a rough average freight rate of 1,000 USD/TEU, this equals to a revenue loss of USD 1.9 billion for the carriers.

The number of blank sailings in weeks 5-15 of 2020 on the Transpacific has increased to 111, of which 48 have been blanked due to COVID-19, and the remainder due to “normal” Chinese New Year capacity management.

On Asia-Europe, the number of blank sailings has increased to 75, of which 29 are due to COVID-19, the intelligence provider said.

“From a more positive angle, we appear to be seeing a stabilization. Even though the carriers have announced 7 more blank sailings over the past week, which corresponds to an additional 7% removal of capacity, the pace of new blank sailings has clearly declined, suggesting a belief from the carriers that volumes will slowly be brought back to normal levels. The bulk of the blank sailings were announced during weeks 7 and 8,” Alan Murphy, CEO, Sea-Intelligence, said.

“This, however, does not mean the ripple effects are over – far from it. We have already outlined in the past weeks how this will impact the round-trip dynamics and create shortages of both vessel capacity and equipment availability. Carriers are already pushing rate increases on account of this, and for some back-haul shippers the coming weeks might well be a matter of whether they can get their cargo moved at all, almost irrespective of the price they are willing to pay.”

The capacity management measures have ensured freight rates remain on the same levels, for now, staving off a feared financial-crisis-like rate implosion.

Furthermore, there were fears that should the situation get prolonged, that aside from blanking of sailings, carriers would have to resort to heavier capacity reduction measures such as idling of ships and demolitions.

This might not be the case, as there are signs that the cargo flow situation at coastal ports in China is normalizing as manufacturing plants start to reopen.

The post Sea Intelligence: COVID-19 Impact Pushes Carriers’ Revenue Loss to USD 1.9 Bln appeared first on Starliners.

The call by M/V Maersk Kota marked the start of operations for the new deep-sea Vado Gateway container terminal, which was commissioned in December 2019.

The 6,400 TEU ship was the first of seven ships from Maersk’s weekly ME2 service, connecting the Mediterranean with the Middle East and India.

“With the arrival of the first ship on the quay, Vado Ligure’s new deep-sea container terminal has officially commenced operations,” Paolo Cornetto, CEO of APM Terminals Vado Ligure, commented.

Being the first semi-automated port in Italy with a fully-automated gate and stacking yard, the Vado Gateway is capable of handling the latest ultra large container vessels (ULCVs) and up to 1.1 million TEUs per annum. The facility is fully integrated with the existing Vado Ligure Reefer Terminal.

With a total investment of EUR 450 million (USD 488 million), the facility is said to be one of the most important port infrastructures built in Italy in recent decades. Managed by APM Terminals Vado Ligure, the new container terminal “strengthens the competitiveness” of the Italian port system and represents a strategic hub for the new Silk Road, connecting the markets of Northern Italy, Switzerland, Germany and north-eastern France with the Far East.

APM Terminals, with a share of 50.1%, has invested EUR 180 million in the project, with Chinese partners Cosco Shipping Ports controlling a 40% share and Qingdao Port International a 9.9% share.

Starting in March, Vado Gateway will also be welcoming ships deployed in Maersk’s MMX service connecting the Mediterranean and Canada.

The post First Semi-Automated Terminal in Italy Starts Ops appeared first on Starliners.

The company said that the buyback would cover a maximum of 3.12 million shares to be acquired over a period of up to 15 months.

The initiative follows the closure of the second phase of the share buyback, which started in September 2019. The total market value of the shares acquired in the second phase amounted to DKK 3.3 bn (USD 492 million).

The third phase of the program is scheduled to run from March 4 up to July 24, 2020.

Maersk said that shares to be acquired will be limited to a total market value of DKK 3.4 bn. A maximum of 208,168 A shares and 815,739 B shares can be acquired in this stage of the program.

“The purpose of the program is to adjust the capital structure of the company and to meet obligations under long-term incentive programs,” Maersk noted.

At the moment, the company holds 165.363 A shares and 712.357 B shares, equal to 4.22% of the share capital.

The post Maersk Launches USD 1.5 Bn Share Buyback Program appeared first on Starliners.

As informed, the event cancellation was prompted by coronavirus concerns.

“Given the spread of COVID-19 it has been necessary to cancel in the interests of the health & safety of speakers, sponsors and attendees. In addition, the recent increase in the number of speakers and participants impacted by immediate travel restrictions by their organizations influenced this decision,” IAPH said in a statement.

“We shall announce if it is feasible to postpone the event to another date in 2020 as soon as possible.”

“We are very sad about having to cancel the event. We took the joint decision out of concern for the well being of all our participants. This is not just about health and safety concerns around the coronavirus. It’s also about how comfortable all our guests, presenters and colleagues feel about attending the conference at this current point in time,” Santiago Garcia Milà, IAPH’s President, explained.

Held annually, the conference assesses the role of ports in global maritime trade and brings together key industry stakeholders for learning, information sharing, networking and collaboration.

This year’s conference is planned to explore the theme ‘Building transparency, predictability and trust’ across four streams, each based on urgent priorities collectively facing ports and their stakeholders in 2020 — energy transition, data collaboration, risk and reputation and business innovation.

The post World Ports Conference 2020 Canceled due to COVID-19 Fears appeared first on Starliners.

The drop is ascribed to longer than usual Lunar New Year shutdowns of factories in China, in what is usually a slow season, amid measures aimed at curbing the spread of the virus. As a result, imports at major U.S. retail container ports have decreased substantially.

In order to address the lower demand, carriers have employed capacity management measures in the form of blanked sailings.

In weeks 5-15 of 2020, carriers have voided a total of 111 sailings on the Transpacific, of which 48 were blanked due to COVID-19, and the remainder due to “normal” Chinese New Year capacity management, according to the data from Sea Intelligence.

“The overall economic impact of this type of crisis can easily run into the tens of billions of dollars,” Chris Connor, President, and CEO of AAPA, said.

Port of Los Angeles Executive Director Gene Seroka said earlier this month that business from China dropped dramatically due to massive shutdowns of factories in the country as part of measures aimed at curbing the virus outbreak.

According to Seroka, 40 vessel sailings were canceled from China to the Port of Los Angeles from February 11 to April 1, representing around 25 percent of the port’s normal traffic.

Due to the ongoing situation, Seroka expects the port’s volume in the first quarter of 2020 to be down by around 15 percent when compared year-on-year.

“Things will rebound eventually, and indeed we’re hearing news about factories that are coming back on-line in China, and ports there ramping back up to move the cargo. At the same time, supply chain managers around the world are working tirelessly to keep cargo moving to ensure that the goods we need are available when and where we need them,” Connor said.

Indeed, companies are reporting that they have started to reopen their offices in mainland China where possible. Furthermore, since there has been a declining number of new cases of coronavirus infections in China, companies are starting to resume production activities at manufacturing plants and workers are returning to their jobs.

Cargo flow at the major coastal ports in China is beginning to normalize and business operations have now entered the recovery phase, French container shipping major CMA CGM said yesterday.

The post AAPA: Cargo Volumes at U.S. Ports Expected to Drop by 20 Pct Due to Coronavirus appeared first on Starliners.

Due to the coronavirus outbreak the Intermodal Asia conference in Shanghai will now take place in July. 

The post Intermodal Asia Postponed appeared first on Starliners.

Port operator announces its intention to delist on the basis that its “strategy is not fully appreciated by the equity markets.”

The post DP World to go Private appeared first on Starliners.

By becoming part of DP World’s global network of ports, TIS Container Terminal is expected to strengthen its position in Ukraine — the country in which the container market grew over 20% in 2019.

This acquisition also complements the existing operations of DP World’s P&O Maritime Services business through a joint venture with TIS Group, providing tugging, pilotage and other marine services in several Ukrainian ports.

The move is said to be in line with DP World’s strategy to develop data-driven integrated logistics solutions for moving cargo from the point of manufacture to final destination, deploying technology to remove inefficiencies in the supply chain, and focusing on fast-growing markets and key trade routes.

“We are delighted to extend our Ukraine footprint with this venture and are excited about the significant growth potential of the terminal,” Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World, commented.

“We believe the strategic partnership with TIS Group will enable the terminal to continue growing, further cementing TIS Container Terminal’s position as the leading gateway to Ukraine.”

The transaction is subject to the satisfaction of certain conditions, including regulatory approval.

The post DP World Takes Majority Stake in Ukrainian Container Terminal appeared first on Starliners.